Dash was ordered to pay £154,839 to apparel boss Tom Nastos by a Manhattan Supreme Court judge on Thursday (09May13), plus an additional £58,065 in interest after allegedly failing to return a 2006 loan.

During the hearing, the music executive, who once co-owned Roc-A-Fella Records and the Rocawear clothing line with Jay-Z, revealed he had fallen into such a dire financial situation he was close to being evicted from his rented home in Carmel, New York due a massive rental debt.

In his filing for the court, he wrote, "I am currently several months behind in paying my personal bills. For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted."

Dash's documents also revealed he owes more than £1.29 million in taxes to New York state and hands over £15,484 to his ex-wife, fashion designer Rachel Roy, every three months in child support for their two children.